4. Strategies for Mitigating Depreciation
Mitigating the impact of depreciation requires proactive measures. For facility management professionals, routine maintenance and upgrades can extend the lifespan of physical assets. In software asset management, staying abreast of technological advancements and strategically planning software upgrades can mitigate the risk of rapid depreciation.
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In the dynamic landscape of business operations, maintaining a comprehensive understanding of asset depreciation is crucial for sustainable growth.
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